Long Term Capital Gains Tax Rate 2024 Canada. With canada’s current income tax rates, no one pays more than 27% in capital gains. So if you sell your investment at a higher price than you paid, you will need to add 50% of the capital gain to your income.

As of january 1, 2024, the maximum lifetime deduction is $508,418 (i.e., $1,016,836 x the current ½ inclusion rate). So if you sell your investment at a higher price than you paid, you will need to add 50% of the capital gain to your income.